The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
LOL ..makes no sense going out now after waiting several years ... what a dumb decision ... better selling in tranches.. i sold 1/2 of my shares during the hype years ago... and the remaining shares i will hold until this project reaches production-stage... it makes really no sense selling now
Looking ahead to the coming 12 months, we are cognisant of the work that lies ahead. Our primary focus will be on delivering Araguaia on-time, on-budget and safely. We are targeting cold commissioning towards the end of 2023 with hot commissioning and subsequent first nickel in 1Q 2024. Alongside this work, we are planning to conduct a feasibility study on the second line at Araguaia, a relatively low capex project that will double production from 14,500 tonnes per annum to 29,000 tonnes per annum. Vermelho workflows will be centred around the Feasibility study and EIA permitting process, both expected to be finalized in 2024.
for me this all is dissapointing... after years of waiting they will sell the project for peanuts... i'am sure after fees and management compensation nothing will be left for shareholders... all insiders will be served via the backdoor
+Shanta Gold CEO says maiden dividend is just the start+
Shanta Gold extends New Luika mine life again as resources in total jump
Shanta Gold now on the cusp of breaking back into the ranks of the 100,000 ounce producers
Shanta Gold a buy after Tanzania mining life extended
Shanta Gold had its "strongest January in three years"
you can live with it? really? this is a catastrophe .. look at the minelife of both mines and the debt ... yes, they will pay down the debt someday ..but after this there is nothing left for shareholders .. and both mines are in countries with high political risk... app. 50 million USD marketcap is too high for this... for long-term-holders HUM is no good deal... that's the reality
analysis of a chart makes no sense with penny stocks and general not with developement companies without revenue.
The will rise x-fold at the event Pensana gets its projects funded ... and will go down without money from lenders.. really simple....
"ยง FY2023 production guidance for Yanfolila, Mali of 80,000 - 90,000 oz, with full year AISC of under US$1,500 per oz"
but there is a risk this was a 1-time success ... yes , good news .. but HUM has to pay doen a lot of debt + interests now .. the question is for how long Yanifolia is able to deliver profitable lower cost-ounces